Question

Two traditional economies are trying to industrialize. The leaders of the first favor a command economic system. The leaders of the second want to try more free market-based policies.

Which of the following actions would likely occur in one but not the other industrializing economy?

Conversion of farmland from agriculture to industry

Export of surplus goods not consumed locally

Investment in loans to support independent start-ups

Payment of workforce based on units of production

Answer 1

Arguably one of the more seminal papers on the effects of donor motivations for aid on ..... However, Hook argues, leaders of the industrialized world have become ..... foreign aid policies would likely reveal that Chinese foreign aid policies hold a lot ...... On the other hand, the United States appears to favor democracies, but ... Second, the economies of the world's nation-states are becoming more intertwined. ..... prosperous global economy based on free market principles might not occur .... Following Diaz's victory, Mondavi announced he would pull out of the project. ...... system to a dynamic market-based economy where two-thirds of economic ... If one or two of these central problems have been growing worse, especially if all three ... food and poor nutrition, low income, dictatorial and corrupt leaders etc. .... of the dependent economies by foreign economic and other interests without ... of the American society and system would pretend not to notice or appreciate

Answer 2

The correct answer among the choices is the third option. An action that would likely occur is the investment in loads to support independent start-ups. In a command economy, the government controls the market. A free market is the opposite of a command economy because it is free from government intervention.